More ESOPs in the News
June 19, 2007

Here are some of the latest articles on ESOP companies and ESOP transactions in the news:

Roberts Hawaii Inc. sold 43.5% of its shares to an ESOP, providing ownership to 1,000 employee owners and creating one of Hawaii’s largest ESOPs:

““The tourism and transportation industry relies on motivating employees to provide consistently high levels of service. The ESOP is an incredible benefit that, by making employees co-owners, aligns management and employee goals and objectives.” He added, “This decision is also an added incentive for talented and skilled people to consider Roberts Hawaii as a place to build a career.””

This article profiles David Evans and Associates, Inc., (DEA), a Northwest land development, telecommunications, and transportation firm that has grown from 2 employees to a company on The Employee Ownership 100:

“DEA is 100 percent employee-owned through its Employee Stock Ownership Plan (ESOP) and individual shareholders. The ESOP holds 35 percent of the company's shares and each full-time employee is automatically an ESOP member.”